IBM has released its X-Force Cyber Security Threat Intelligence Report (Q1 2015) and it discloses some very interesting facts about the cyber threat landscape over the last year.

Based on pure volume, the total number of records breached in 2014 was nearly 25 percent higher than in 2013

The tone of breaches has shifted, revealing disturbing flaws in the fundamentals of both systems and security practices

With stricter disclosure laws than many countries and higher hosting rates for high-profile websites, the United States continued to be a top target in 2014 – The US represented over 70% of breaches, compared to the next highest country, the UK, at 3.4%

59% of CISOs strongly agree that the sophistication of attackers is outstripping the sophistication of their organization’s defenses

Use of default passwords continues to be a problem as well. These breaches demonstrate that fundamental security practices, such as changing default account passwords, are still not being implemented adequately.

DDoS attacks have been used as a distraction in recent years as a cover for breaching a target. DDoS attacks were also used as a form of “ransomware” or extortion throughout the year.

A review of the breaches in 2014 shows a mix of attackers targeting low-hanging fruit (for example, by running scripts against known vulnerabilities) as well as using sophisticated, custom exploits to reach high-profile targets with surgical precision.

ACE IT Solutions’ Security Services, offered in partnership with IBM, provide a simple and cost-effective way to limit potential threats 24×7. Through our partnership with IBM, ACE IT Solutions leverages one of the world’s largest collections of security information to combine advanced analytic capabilities into cloud-based security services that can be mixed and matched according to each business’ specific needs.

Get More Information

Use the form below to get more information about ACE IT Services and what we can do for you.

ABOUT US

ACE IT Solutions delivers over 25 years of expertise in areas ranging from network consulting to support for all small to medium-sized businesses. We pride ourselves in taking the necessary steps to provide the greatest value to our clients. Our focus is on optimizing IT to enhance your business’ efficiency, productivity, and reliability so you can compete and grow in today’s high-tech environment.

SEARCH WEBSITE

Cyber-smart business travelers know that public Wi-Fi is not a secure option for doing business remotely. Remote workers need to be wary of untrusted networks and take extra steps to protect their devices from internet hackers lurking around insecure data connections. Those public networks won’t protect your sensitive data from being exploited by hackers. But a…

Cyber insurance can’t protect your organization from cybercrime, but it can keep your business on stable financial footing should an event occur. A cyber insurance policy can help your business mitigate risk exposure by offsetting costs involved with recovery after a cyber-related event. We find that many businesses that are looking to cyber insurance to mitigate…

ACE IT Solutions is proud to announce that we have have been recognized as Best IT Service for Small and Start up Firms by HFM US Hedge Fund Technology Awards 2018. The 2018 US Hedge Fund Technology Awards recognize and reward IT and software providers serving the hedge fund sector that have demonstrated exceptional…

The SEC OCIE has announced its exam priorities for 2018, which are targeted toward improving compliance, preventing fraud, monitoring risk and informing policy. While the SEC will continue to prioritize their commitment to protect retail investors, including seniors and those saving for retirement, the SEC OCIE, “will continue to prioritize cybersecurity in each of our…

Cybercrime is the fastest growing type of criminal activity in the U.S. How high are cyber risks in your state? A recent study conducted by Website Builder Expert (WBE) determined which states will lose the most money to cybercrime in 2018, as well as which locations will lose the most in regards to individual complaints. Heads up to…